In The Works: The Top Three Developments Coming To Loudoun County
Waterside, a planned 5M SF transit-oriented development on the edge of a 54-acre lake, was approved by the Loudoun Board of Supervisors back in September.
The 335-acre development from Chantilly Crushed Stone, a Gudelsky Group affiliate, will replace the 54-year-old Loudoun Quarries and feature 2,200 multifamily units, 395 age-restricted units, and 3.8M SF of office, hotel, retail and civic space.
It will be northeast of Dulles International Airport and less than a mile from the Silver Line's future Innovation Center Metro Station. Shovels won't break ground for roughly another four years, and it's expected to take at least eight years for water to fill the quarry pit.
Former Supervisor Shawn Williams, R-Broad Run (whose seat was filled by Ron Meyer in November 2015), told the Washington Business Journal that a walkable, urban, transit-oriented, tax-producing project “far outweighs continuing the rock-blasting quarry.”
Miller & Smith is another regional developer betting big on growing demand for urban, transit-friendly mixed-use with its massive One Loudoun development in Ashburn.
400 units of residential, 130k SF of office and 300k SF of retail have already been completed, and the final project will deliver an additional 1,040 residential units, 2.7M SF of office and 400k SF of retail.
A slew of restaurants have just opened or are opening soon in the development: Nando’s Peri-Peri, Bryan Voltaggio’s Family Meal, Uncle Julio’s, Okada Japanese Restaurant & Sushi Bar, and Elevation Burger, among many others.
Loudoun County's tremendous growth over the past several years—with $1.3B in new projects in 2015 alone—means there is room in the market for another massive mixed-use development in Ashburn.
The full plan for Comstock Partners' Loudoun Station includes 300k SF of retail space, 1.3M SF of Class-A office space, a 200-plus-room hotel and about 1,500 homes.
Loudoun Station and its crosstown rival, One Loudoun, are remarkably similar in size and ambition, reflecting the growing demand for truly self-contained neighborhoods outside the capital. They also highlight the drawing power of Phase 2 of the Silver Line, set to go into the heart of Loudoun past Dulles Airport.